And This - Now with Fortress managing the patent portfolio they are playing hardball:
New case against ZTE shows Fortress may be a far tougher licensor than struggling PIPCOs
05
Sep 17
Richard Lloyd
Last week INVT SPE, the vehicle established by Fortress to monetise the portfolio previously owned by the NPE Inventergy, filed an infringement suit against ZTE in district court in New Jersey. The case is the third that INVT has filed since it took control of the assets earlier this year — the other two were filed against Apple and HTC back in May.
The ZTE suit involves seven patents that originated with Panasonic and relate to wireless technology. A monetisation vehicle looking to litigate to recoup money on its patents is par for the course but it’s notable that Fortress has chosen to turn to the courts relatively quickly after seizing control of the IP.
While Inventergy was relatively reluctant to litigate - with its CEO Joe Beyers placing more of an emphasis on soft licensing - Fortress has shown no such reluctance; and in going after Apple and ZTE in particular has targeted two of the giants of the mobile space. Alleged infringers by now should be getting the message loud and clear.
INVT is going to get PAID!!! Debt cleared and major money about to rain down!